340 Parsons Shores Drive, Sharps Chapel, TN 37866

New
$1,499,900
Property Type: Single Family Bedrooms: 2 Square Footage: 2,658 Lot Size (sq. ft.): 230,868 Status: Coming Soon - No Showings
Current Price: $1,499,900 List Date: 10/15/2025 Last Modified: 10/15/2025

Description

5.3 Acre Lakefront! No HOA or restrictions—rare for Norris Lake! This storybook A-frame retreat offers 2,658 sq ft, 2BR/2BA + large loft (597 sq ft) currently used as an optional primary suite with attached bath, configured to sleep 8. Nestled on 5.3 private acres with 150 ft of year-round waterfront access, enjoy stunning panoramic, undeveloped views of Island F. Renovated in 2023 with refinished cherry hardwoods, full interior/exterior paint, and a striking 2-story stone fireplace with new 2024 remote-control start gas logs. Custom transferable dock includes boat lift, canopy, sun deck, and jet ski port (permit for 2nd). Outdoor living shines with a wraparound deck, hot tub deck, lakefront deck, and large stone fire pit. Proven STR with $80K+/yr potential, offered furnished with optional brand/marketing assets. Additional Property Features: gated secondary drive, shed, cleared build site, and second septic—ideal for expansion or subdividing. Perfect as a primary residence, private lake getaway, or income-producing investment!

More Information MLS# 1318712

Contract Info

Auction Y/N: No Listing Price: 1499900 Current Price: $1,499,900 Status: Coming Soon - No Showings Listing Date: 2025-10-15

Location, Tax & Legal Info

Area: Union County - 25 Property Sub-Type: Residential City/County Code: County Elementary School: Sharps Chapel Middle School: H Maynard Total Tax: 2226.21 High School: Union County

General Property Description

Type: 1 1/2 Story # Bedrooms: 2 Acres: 5.3 Acre Source: Tax Records # of Rooms: 7 Restrictions: No Site Built: Yes Fireplace: Yes Property Status: N/A SqFt - Main Lvl: 1814 SqFt - Down Lvl: 0 SqFt - 2nd Flr Lvl: 844 SqFt - 3rd Flr Lvl: 0 # Fireplace: 1 HOA: No Basement: No Bonus Room: Yes Extra Storage: Yes SqFt - Total (Aprox): 2658 Baths - Full: 2 Year Built: 1997

Remarks & Misc

Directions: From Knoxville take highway 33 north over Veterans bridge to (L) on Sharps Chapel Road to (L) on Old Valley Road to (L) on Tanglewood to (R) on Bull Run to (R) on Parsons Shores house on (R) Public Remarks: 5.3 Acre Lakefront! No HOA or restrictions—rare for Norris Lake! This storybook A-frame retreat offers 2,658 sq ft, 2BR/2BA + large loft (597 sq ft) currently used as an optional primary suite with attached bath, configured to sleep 8. Nestled on 5.3 private acres with 150 ft of year-round waterfront access, enjoy stunning panoramic, undeveloped views of Island F. Renovated in 2023 with refinished cherry hardwoods, full interior/exterior paint, and a striking 2-story stone fireplace with new 2024 remote-control start gas logs. Custom transferable dock includes boat lift, canopy, sun deck, and jet ski port (permit for 2nd). Outdoor living shines with a wraparound deck, hot tub deck, lakefront deck, and large stone fire pit. Proven STR with $80K+/yr potential, offered furnished with optional brand/marketing assets. Additional Property Features: gated secondary drive, shed, cleared build site, and second septic—ideal for expansion or subdividing. Perfect as a primary residence, private lake getaway, or income-producing investment!

Atchd/Dtchd Type

Detached: 1

Style

A-Frame: 1

Construction

Block: 1

Siding

Stone: 1 Vinyl: 1

Fireplace

Gas Log: 1 Stone: 1

Cooling

Ceiling Fan(s): 1 Central Cooling: 1

Floors

Hardwood: 1 Tile: 1

Garage/Parking

Designated Parking: 1

Basement

Crawl Space: 1

Lot Description

Lake/Water Access: 1 Private: 1 Waterfront: 1 Wooded: 1

Fuel

Electric: 1

View

Lake View: 1 Lakefront: 1 Mountain View: 1 Wooded: 1

Heat

Central: 1 Heat Pump: 1

Dining Area

Living Rm/Dining Rm: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Microwave: 1 Range: 1 Refrigerator: 1 Security Alarm: 1 Smoke Detector: 1 Washer: 1

Other Rooms

Addl Living Quarter: 1 Bedroom Main Level: 1 Extra Storage: 1 Great Room: 1

Exterior Features

Deck: 1 Dock: 1 Doors - Energy Star: 1 Porch - Covered: 1 Window - Energy Star: 1

Misc Features

Cathedral Ceiling(s): 1 Hot Tub: 1 Internet Available: 1 Walk-in Shower: 1 Washer/Dryer Connect: 1

Sewer

Septic Tank: 1

Water

Private: 1 Other: 1

Outbuildings

Storage Shed: 1

New Financing

Cash: 1 Conventional: 1 Other: 1

Showing

See Agent Instructns: 1

Location Tax Legal Info

House #: 340 Street Name: Parsons Shores St Suffix: Drive State/Province: TN Zip Code: 37866 PIN #: 034 215.00 Subdivision: Tanglewood Geo Lat: 36.312111 Geo Lon: -83.819412

Status Change Info

Status Change Date: 2025-10-15

Property Features

Style: A-Frame Construction: Block Siding: Stone; Vinyl Basement: Crawl Space Lot Description: Lake/Water Access; Private; Waterfront; Wooded View: Lake View; Lakefront; Mountain View; Wooded Fireplace: Gas Log; Stone Floors: Hardwood; Tile Fuel: Electric Heat: Central; Heat Pump Cooling: Ceiling Fan(s); Central Cooling Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Security Alarm; Smoke Detector; Washer Sewer: Septic Tank Water: Private; Other Other Rooms: Addl Living Quarter; Bedroom Main Level; Extra Storage; Great Room Misc Features: Cathedral Ceiling(s); Hot Tub; Internet Available; Walk-in Shower; Washer/Dryer Connect Exterior Features: Deck; Dock; Doors - Energy Star; Porch - Covered; Window - Energy Star Outbuildings: Storage Shed Dining Area: Living Rm/Dining Rm Showing: See Agent Instructns New Financing: Cash; Conventional; Other
Listing Office: Compass RE
Office Phone: 212-913-9058
Last Updated: October - 15 - 2025
340 Parsons Shores Drive, Sharps Chapel, TN 37866- MLS# 1318712
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